Privium Fund Management (UK) Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Privium Fund Management (UK) Ltd reported 19 stock positions worth $129.5 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 40.0% of the portfolio, followed by iShares MSCI Acwi ETF (ACWI, 16.6%) and Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, 6.6%). Compared with Q4 2024, it opened 10 new positions, sold out of 4, added to 3 and reduced 4. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001845773
- Portfolio Value
- $129.5M (Q1 2025)
- SEC Filing
- 0001754960-25-000287 ↗ filed May 9, 2025
Holdings Value
Holdings 19 stocks · $129.5M
| VOO Vanguard S&P 500 ETF | 39.97% | 99,735 | $51.8M | Reduce -25.8% |
| ACWI iShares MSCI Acwi ETF | 16.60% | 183,080 | $21.5M | Add +1.0% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 6.57% | 107,970 | $8.5M | Reduce -1.8% |
| EMB iShares JP Morgan Usd Emergi | 6.54% | 93,660 | $8.5M | Reduce -3.1% |
| MSFT Microsoft Corp. | 5.40% | 18,300 | $7.0M | New |
| GOOGL Alphabet Inc. Class A | 4.83% | 39,800 | $6.3M | New |
| NVDA Nvidia Corp. | 3.40% | 39,830 | $4.4M | New |
| GOVT iShares US Treasury Bond ETF | 3.27% | 184,290 | $4.2M | Reduce -4.4% |
| AMD Advanced Micro Devices | 3.24% | 40,700 | $4.2M | New |
| KKR KKR & Co. Inc. | 2.52% | 27,000 | $3.3M | New |
| BX Blackstone Inc. | 2.46% | 21,600 | $3.2M | New |
| GSBD Goldman Sachs BDC Inc. | 0.95% | 105,800 | $1.2M | Add +5.8% |
| TCPC BlackRock TCP Capital Corp. | 0.91% | 148,277 | $1.2M | New |
| AAPL Apple Inc. | 0.87% | 5,050 | $1.1M | New |
| CPA Copa Holdings SA Class A | 0.65% | 9,114 | $842K | Add +28.1% |
| AMZN Amazon.com Inc. | 0.62% | 4,100 | $804K | New |
| AER Aercap Holdings NV | 0.56% | 7,109 | $726K | No change |
| NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP | 0.39% | 45,500 | $499K | New |
| ASR Grupo Aeroportuario Sur-ADR | 0.26% | 1,246 | $341K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Reduce -25.8% | 39.97% | −19.85 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.90 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.74 |
| JBLU Jetblue Airways Corp. | Sold out | 0.00% | −0.72 |
| EMB iShares JP Morgan Usd Emergi | Reduce -3.1% | 6.54% | −0.50 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -1.8% | 6.57% | −0.49 |
| SNCY Sun Country Airlines Holding | Sold out | 0.00% | −0.31 |
| GOVT iShares US Treasury Bond ETF | Reduce -4.4% | 3.27% | −0.25 |
Portfolio Buys Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | New | 5.40% | +5.40 |
| GOOGL Alphabet Inc. Class A | New | 4.83% | +4.83 |
| NVDA Nvidia Corp. | New | 3.40% | +3.40 |
| AMD Advanced Micro Devices | New | 3.24% | +3.24 |
| KKR KKR & Co. Inc. | New | 2.52% | +2.52 |
| BX Blackstone Inc. | New | 2.46% | +2.46 |
| TCPC BlackRock TCP Capital Corp. | New | 0.91% | +0.91 |
| AAPL Apple Inc. | New | 0.87% | +0.87 |
| AMZN Amazon.com Inc. | New | 0.62% | +0.62 |
| NMFC New Mountain Finance Corp. | New | 0.39% | +0.39 |
| CPA Copa Holdings SA Class A | Add +28.1% | 0.65% | +0.14 |
| GSBD Goldman Sachs BDC Inc. | Add +5.8% | 0.95% | −0.04 |
| ACWI iShares MSCI Acwi ETF | Add +1.0% | 16.60% | −0.99 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $240.4M | ACWI, ALK, VOO, HYG, EMB |
| Q1 2026 | 20 | $197.4M | VOO, ACWI, ALK, MSFT, TLT |
| Q4 2025 | 7 | $133.9M | SGOV, ALK, CPA, MMYT, SNCY |
| Q3 2025 | 11 | $159.9M | VOO, ACWI, EMB, HYG, TLT |
| Q2 2025 | 8 | $156.1M | VOO, TLT, ALK, BX, GSBD |
| Q1 2025 | 19 | $129.5M | VOO, ACWI, HYG, EMB, MSFT |
| Q4 2024 | 13 | $123.0M | VOO, ACWI, HYG, EMB, GOVT |
| Q3 2024 | 8 | $54.7M | SGOV, UAL, JBLU, AER, CPA |
| Q2 2024 | 164 | $256.5M | ACWI, XLK, AMZN, GOOGL, AAPL |
| Q1 2024 | 88 | $201.5M | VUG, ACWI, XLK, EMB, HYG |